AI Automation Startup Zinier Raises $90M - SDxCentral

Zinier, a company that uses artificial intelligence (AI) to automate field work, has raised $90 million in a Series C funding round, bringing its total amount raised to $120 million. The startup plays heavily in the telecom sector -- 80% of its existing customers are in the space, including network operators, equipment vendors and suppliers, contractors, and engineers, according to Zinier's co-founder and CEO Arka Dhar. That's also reflected by the firms that returned to invest in this latest round, including Nokia-backed NGP Capital and Qualcomm Ventures. New investor Iconiq Capital led the round with participation from Tiger Global Management, Accel, Founders Fund, and Newfund Capital. "Zinier is going to play a very, very important role there," Dhar said in a phone interview.